We were given a copy of the book "Too Big To Fail" during our NISM training. I started reading this book for past few days. Well, to be honest, its a very lengthy book. Typically the book follows a pattern, where the situation is given, then comes a character, and then his complete history is explained and finally the incident is completed. Usual text of the book is -
Mr. X knew the situation was difficult for his company with the kind risk it had taken. He picked the phone to call his old colleague from ABC(this is usually Goldman Sachs), Mr. Y, who now led DEF as CEO. (Now comes Y's history) Y was born in blah blah. His father was blah blah, in fact his grand father was a trader at blah blah. When he passed out of school he joined a firm XYZ. Then we went to Harvard Business School (If he didnt, then he would be hating people who went to HBS). (Now there will be discussion about he reached the post of CEO amidst strong candidates int eh company).
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